The Defense Base Act requires any government agency and private company to carry special insurance that functions like worker's compensation for employees and contractors working on U.S. military projects overseas. This includes work done in U.S. territories. Finding the insurance, in general, is simple, but finding an insurance policy and company that offers the coverage and service you need is not that simple, and it's definitely not easy if you're looking on your own.
If you can't afford your automobile insurance policy, it's important to analyze the reasons why your policy costs are so high. When you do this, you may be able to pursue a lower-cost policy with some research and effort. The following are seven possible reasons why you can't afford your automobile policy.
Driving record
If your driving record has many infractions on it, you're going to pay more for your automobile policy than you would otherwise.
If you ever get a speeding ticket, DUI, or any other type of driving offense, the information appears on your driving record. Additionally, your accident history also appears on your driving record. Do these things affect your insurance rates, though? If so, what are the effects, and how long do they last? Here is an explanation of how this works with auto insurance.
Tickets Last for a Set Number of Years
If you ever experience a total or partial loss of your home and have homeowners' insurance, you can file a claim for your losses. When it comes to your personal belongings, you might wonder how the insurance company will handle the compensation they offer for the claim. The way they handle it depends on several factors, including your insurance policy coverage and the things you own. Here are several things to know about how this works with a home insurance claim.
When buying insurance for your car, do you seek the help of an auto insurance agent, or do you opt for a broker? While both are experts in the market, an agent is different from a broker in the ways below.
Differences Between the Two
While both serve as a link between an insurance company and potential insurance buyers and have state licenses permitting them to sell policies, they are different.
